Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.19.3.a.u2
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2019
Acquisitions [Abstract]  
Assets and Liabilities Acquired
On May 6, 2019, the fair value of the following assets and liabilities were acquired resulting in the total loss of approximately $147.4 million:


   
Better Choice
Company
    
Bona Vida
    
Total
  
Total Purchase Price
  
$
37,949
    
$
108,620
    
$
146,569
  
Net Assets (Liabilities) Acquired:
                        
Assets
                        
Cash and cash equivalents
    
7
      
384
      
391
  
Restricted cash
    
-
      
25
      
25
  
Accounts receivable
    
-
      
69
      
69
  
Inventories
    
-
      
95
      
95
  
Prepaid expenses and other current assets
    
32
      
348
      
380
  
Intangible assets
    
986
      
-
      
986
  
Other assets
    
-
      
74
      
74
  
Total Assets
    
1,025
      
995
      
2,020
  
Liabilities
                        
Warrant derivative liability
    
(2,130
)
    
-
      
(2,130
)
Accounts payable & accrued liabilities
    
(544
)
    
(153
)
    
(697
)
Debt
    
-
      
-
      
-
  
Total Liabilities
    
(2,674
)
    
(153
)
    
(2,827
)
Net Assets (Liabilities) Acquired
    
(1,649
)
    
842
      
(807
)
Loss on Acquisitions
  
$
(39,598
)
  
$
(107,778
)
  
$
(147,376
)